Plan Ledger DOL Form 5500 · updated monthly

Tweezerman International, LLC401(k)

TWEEZERMAN INTERNATIONAL 401(K) PLAN · PORT WASHINGTON, NY · plan year 2024

Reported admin expense ratio · 2024
0.05%

Peer grade: A- · admin costs + employer contributions vs same-size plans · how grading works

Tweezerman International, LLC reported $4,265 in plan administrative expenses for 2024: 0.05% of average plan assets, lower than ~75% of peers. Employer contributions averaged $1,690 per active participant. This ratio covers administrative expenses reported on the plan's Schedule H only; fund-level expense ratios are not included in public structured data — see methodology.

Across the 2 years on file its reported administrative ratio fell from 0.32% to 0.05%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other manufacturing employers. By assets it is among the smaller plans on file in New York (3,857th of 5,648), and 9,487th of 13,661 in manufacturing. In 2024, employees put in $3.37 for every $1.00 the employer contributed; active participation has grown from 114 to 126 since 2022.

Plan summary
Net assets, end of year$8,417,309
Participants with balances164
Active participants126
Employer contributions$212,880
Employee contributions$717,085
Employer contribution per active participant$1,690
Average account balance$51,325
Benefits paid to participants$905,910
Plan auditUnmodified (clean) audit opinion
AuditorROEDL LANGFORD DE KOCK LLP
Plan history3
Yearassets · accounts · employer contribution
2024$8.4M · 164 accts · $213K emplr
2023$7.6M · 163 accts · $164K emplr
2022$6.3M · 220 accts · $141K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$4,265
Total administrative$4,265
The Tweezerman International, LLC 401(k) match · 2024
Employer contribution per active participant$1,690
Median for plans this size$1,313
2024$1,690 per active participant
2023$1,366 per active participant
2022$1,235 per active participant

Tweezerman International, LLC's 2024 employer contribution ran above the $1,313 median for plans its size. Filings report dollars actually contributed, not the match formula; the formula itself (for example, 50% of the first 6% of pay) lives in the plan's summary plan description from HR.

What these fees cost you

Annual cost at the plan's reported 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20241
TRANSAMERICA FINANCIAL LIFE INSURAN · Recordkeeping · Loan processing$4,265

Compensation shown is direct payments from plan assets reported on Schedule C. Providers paid through fund revenue-sharing appear as indirect.

Recordkeeper by year2
2024Transamerica
2023Transamerica

Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$4,265 · 0.05%
2023$6,682 · 0.10%
2022$21,003 · 0.32%
Similar plansManufacturing · New York
Attenti US, Inc NY$8.5M · 0.09%
Clark Laboratories Inc. NY$8.3M · 0.01%
E.I. Electronics, LLC NY$8.2M · 0.03%
New U.S. Nonwovens, LLC NY$8.2M · 0.67%

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Source: U.S. Department of Labor, Form 5500 series, EIN 201872710 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.